NOT LISTED FOR SALE

170 Grove St Unit 172 Melrose, MA 02176

Downtown Melrose Neighborhood

Estimated Value: $1,069,000 - $1,155,824

8 Beds
3 Baths
3,000 Sq Ft
$371/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $745,000 $248 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,913/month

7 Days on Market

About This Home

As of October 2017

HARD TO FIND TOWNHOUSE STYLE 2 FAMILY WITH 8 BEDROOMS ~ Perfect as owner occupied with rental income or investment! Both units have 4 bedrooms, oversized windows, high ceilings, hardwood floors throughout owners unit and as much space as a single family! The 1st floor of owners unit has an easy flow living room/kitchen/dining room with pocket doors. Newer custom kitchen boasts stainless steel appliances, quartz countertops and custom lighting as well as a great mudroom and 3/4 bath. 3 good size bedrooms on 2nd floor with updated full bath. 4th bedroom on 3rd floor completes the owners unit! Unit 2 offers a more historical feel with natural wood trim. The 1st floor has an updated kitchen, living room and dining room while the 2nd floor 3 has bedrooms and an updated full bath. A 4th bedroom and added bonus room for extra storage on the 3rd floor rounds out the rental. Close to downtown Melrose, on the bus line and convenient to all major highways. New farmers porch/updated electric!

Last Agent to Sell the Property

Kim Perrotti

Leading Edge Real Estate Listed on: 09/06/2017

Leading Edge Real Estate

Last Buyer's Agent

Danny Gega

Boston Luxury Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Oct 23, 2017
Sold by
Vernick Kenneth M and Bond Eloise
Bought by
Donovan Timothy and Donovan Rozarta
Seller's Agent
Kim Perrotti
Leading Edge Real Estate
Buyer's Agent
Danny Gega
Boston Luxury Residential
List Price
$650,000
Sold Price
$745,000
Premium/Discount to List
$95,000
14.62%
Total Days on Market
7
Current Estimated Value
$1,112,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,706
Avg. Annual Appreciation
5.72%
Original Mortgage
$564,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2013
Closed on
Jun 12, 2013
Sold by
Perkins V E Est
Bought by
Vernick Kenneth M and Bond Eloise
Seller's Agent
Maureen Grant
Brad Hutchinson Real Estate
Buyer's Agent
Kim Perrotti
Leading Edge Real Estate
List Price
$424,900
Sold Price
$446,000
Premium/Discount to List
$21,100
4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%
Original Mortgage
$276,000
Interest Rate
3.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Donovan Timothy $745,000 --
Vernick Kenneth M $446,000 --
Vernick Kenneth M $446,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Timothy $500,000
Closed Donovan Timothy $564,000
Previous Owner Vernick Kenneth $85,000
Previous Owner Vernick Kenneth M $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $745,000 +14.6% $248 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $650,000 +45.7% $217 / Sq Ft
06/12/2013 06/12/13 Sold $446,000 +5.0% $162 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
03/30/2013 03/30/13 For Sale $424,900 -- $155 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $96 $972,000 $433,100 $538,900
2024 $9,075 $913,900 $405,100 $508,800
2023 $8,903 $854,400 $377,200 $477,200
2022 $8,652 $818,500 $363,200 $455,300
2021 $8,541 $780,000 $363,200 $416,800
2020 $8,310 $752,000 $335,300 $416,700
2019 $7,631 $705,900 $307,300 $398,600
2018 $5,825 $514,100 $254,900 $259,200
2017 $5,643 $478,200 $244,500 $233,700
2016 $5,382 $436,500 $209,500 $227,000
2015 $5,174 $399,200 $199,100 $200,100
2014 $5,069 $381,700 $181,600 $200,100
Source: Public Records

Agents Affiliated with this Home

  • Kim Perrotti

    Seller's Agent in 2017

    Kim Perrotti

    Leading Edge Real Estate

    (781) 254-5527

    5 in this area

    140 Total Sales

    Kim Perrotti
    Section Image
  • Danny Gega

    Buyer's Agent in 2017

    Danny Gega

    Boston Luxury Residential

    (617) 230-5422

    2 Total Sales

    Danny Gega
    Section Image
  • Maureen Grant

    Seller's Agent in 2013

    Maureen Grant

    Brad Hutchinson Real Estate

    (617) 645-5030

    35 Total Sales

    Maureen Grant
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72223393

MLS Property Information Network (MLS PIN)

APN: MELR-000006D-000000-000159-000060

Massachusetts Middlesex County Melrose 02176 Downtown Melrose

170 Grove St Unit 172, Melrose, MA

This home is located at 170 Grove St Unit 172, Melrose, MA 02176 since 06 September 2017 and is currently estimated at $1,112,706, approximately $370 per square foot. This property was built in 1899. 170 Grove St Unit 172 is a home located in Middlesex County with nearby schools including Lincoln Elementary School, Winthrop Elementary School, and Hoover Elementary School.

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